California: worst for small business

It’s common knowledge that small businesses create most new jobs. Now this bad news for California:

California has landed on another naughty list, ranking as the state with the least friendly policy environment for small businesses, according to report from an advocacy organization.

“The Small Business & Entrepreneurship Council annually ranks the 50 states based on policy measures and costs impacting small businesses. For the second year in a row, California ranked No. 50.

“South Dakota topped the list.”

Current unemployment rate in South Dakota: 3.6 percent.

In California: 8.5 percent.

That’s 2.4 times as much.

3 comments

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  1. Ian Random
    Ian Random 25 December, 2013, 11:28

    Gee I wonder what happens when you force small businesses owners to close, they take normal jobs and drive-up your unemployment rate.

    Reply this comment
  2. Queeg
    Queeg 25 December, 2013, 20:14

    A juicy Minimum wage or buying a union job may be the ticket!

    Reply this comment
  3. LetitCollapse
    LetitCollapse 25 December, 2013, 21:07

    I noticed that the State of Michigan is listed as #11 by the SBEC. Impressive. If there are any small business entrepreneurs out there I heard on the news that the tourist industry is booming in Detroit. Foreign tourists are flocking there to observe the ruins. So if you own a van and can speak a foreign language you could write your own ticket! It would behoove you to bone up on the liberal history behind the City so you could accurately describe the cause of it’s downfall to the foreigners! lol. CNN’s Anthony Bourdian, the world traveler and documentary producer, said that in all his travels the city that reminded him most of Detroit was Chernobyl, Russia with 88,000 abandoned buildings. Fascinating. But no harmful radioactive decay as far as I know. But you’ll have to keep an eye open for packs of feral dogs and roving gangbangers. Back in Year 1900 or so that great conservative industrialist and father of capitalism, Henry Ford, rented a small auto shop in D-City where he built his first car. He turned the City into a thriving money-making machine. Then the liberals took over after WW2. The rest is history. But 2014 could be a stellar turning point for another young brilliant conservative entrepreneur like Henry Ford to start a tourist business out of his van in Detroit. Who knows? In a few years an enterprising young man or lady could be right up there with Traflagar Tours.

    Word to the wise: Don’t let the liberals take over and manage your city or town. Don’t let them herd you into unions or promise you a life of entitlements. Don’t get fooled like the poor citizens of Detroit got fooled. Now their children are left with nothing. The city is in ruins.

    The nation is following in Detroit’s footsteps with automatic debt ceiling increases, empty promises of eliminating deficits, perpetual ZIRP (zero interest rate policy), selective enforcement of the laws to protect the elite and powerful insiders and sugar daddies, entitlements for all (ie. ObamaCare), trillions in perpetual quantitative easing (bailouts for the TBTF’s), etc…

    Once the interest rates are involuntarily forced up by the basic laws of economics the stock, bond and housing markets crash simultaneously. As will the pensions.

    There is an old german proverb: Promises are like a full moon, if they are not kept at once they diminish day by day.

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